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Banks urge RBI to defer roll-out of IndAS, says report

Updated : March 07, 2019 08:39 AM IST

The banks are citing higher capital for bad-loan provisioning, pending legislative amendments, and delay in finalising rules as some of the reasons for the extension, the report said.
If the central bank agrees to the lenders' request, it will be the second time the RBI would be delaying the roll-out of IndAS.
Banks urge RBI to defer roll-out of IndAS, says report
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